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Smurfit-Stone - SSCC - close: 16.22 chg: +0.34 stop: 16.06

Our recent warnings have been confirmed by SSCC's relative strength today. The stock added another two percent to breakout over the $16.00 level and stop us out at $16.06. We still can't find any specific news for its current bounce but volume has been rising. Today's volume was more than twice the norm, which suggests some strong buying pressure.


 

Picked on February 7 at $15.82
Gain since picked: + 0.40
Earnings Date 01/25/05 (confirmed)
Average Daily Volume: 1.7 million

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